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on consumer demand. we have to find a way to extend tax cuts and use it as a stimulus measure. we have to have it for a short enough period, two to three years, so we can get money back pumping into the economy, but not have it where it's a noose around our necks for ten, 15, 20 years. we already know this will cost about $2.2 trillion if we keep it. we can't afford it with the deficits already running over $1 trillion a year. >> i want to get back to that. it sounds like you are talking about threading the needle a bit. mark preston, 31 democrats have broken from president owe became gentleman and urged the bush tax cuts for everyone including the wealthiest americans. so is this a sign that the president's sagging poll numbers have made him a liability for all of the people heading into the mid terms, or is this just about the economic reality? >> no. i think he's certainly a liability for the 31 democrats and perhaps even more. look, president obama is still very well liked by americans when you asked them in these pin polls, but in certain parts of the country, he doesn't play well politic
>> if this was all about money and we wanted money, we would have taken dea offered to us decades ago for st. nicholas and moved somewhere else. it's never been about money. >> what is it about? >> it's about building on or near our original site, the birthright st. nicholas has to go back to that site where it was for 85 years prior to 9/11. >> reporter: the port of authority says the church has always had the right to build on the original site, but at this point, work would have to be arted in 2015. sai st. nicholas is hoping something coop worked out before then. >>> we'll have the latest details including iran's latest demand coming up at 4:00 eastern. and at 5:00 eastern, farm workers held as slaves where? in the united states. i'm fredricka whitfield. your money starts now. >>> president obama has a massive w plan to jump-start the economy. will it work? i'm ali. christine is off this week. obama is proposing billions of dollars of infrastructure money meant to besed for high-structure rail, building roads, the kind of money you see going to construction workers. $100 billi
with us this afternoon in the 2:00 eastern hour. seven ways to save money around your house. at 3:00 p.m. eastern time, what do you do when your prescriptions are pulled off the market? at 4:00 eastern time, there were changes with health care nationally this week. how did this impact your current health care insurance. we have some answers for you. i'm fredericka whitfield. "your $$$$$" starts right now. >>> the great recession is finally over. where are the jobs? i'm ali velshi and this is "your $$$$$." the great depression came to an end in june 2009, that is according to the national bureau of economic research. they are the people who actually make these decisions. they say it's over and they take their time making that decision, as you can see. now, the recession claimed more than 7.3 million jobs. since the recession has ended, however, the economy has lost another 329,000 jobs. that's net. that's what we've gained minus what we've lost. we're still down another 329,000. the road ahead, the economists are projecting unemployment in the united states currently at 9.6% will remain
to -- i thk i used that word a lot, but what's happening to the housing economy, which is one of the key issues that added reo the depth and duration of the great depression, and certainly a major headwind for the u.s. economy right now. >>> peter, you ask a lot of people about what's the thing that will turn th economy ound. lots of people talk about jobs. you're a regular on this show. you say soming, 'ssomething, a it's often we to look at this trade deficit. >> this week we got numbers that were surprisably better than what we akght. what's your take on that? >> a lotf thaton was aviation sales,oeing essentially, and they go right back down next month. imports are falling off not because companies are becoming more competitive, but because americans are spending less. it's another leading indicator that the third quarter could be pretty poor in terms of economic growth and even turn negative, though none of us are quite forecasting that yet. is president obama going to be forced to embrace republican economic policies if they control the house and the senate? >> some say clinton did
. a marine expert joins us live to tell us why these sharks are in that river and if people need to be worried. but first, time now for "your money." >>> there are fresh signs of an economic recovery, but where are the jobs? welcome to "your money." i'm ali, christine is off this week. there is no green in august numbers, in fact, the jobs are down. we lost 54,000 jobs in august, but the private sector, private businesses, companies actually added 67,000 jobs. that is the holy grail. we want companies growing, we don't need government growing. companies growing means that the emphasis on economic growth has fallen where it is supposed to. steven moore is an editorial writer with the wall street journal. he is a respected sparring partner and a good friend of this show. last time you and i talked about jobs, steven, i described it as a glass one-quarter full. i stick with that assessment given today's nudews. you? >> ali, i generally agree with what you say. that's the mother's milk of the economy, so i was enkurnld cour that, and by the way, this report was more positive than oth
'll move ahead to the movies. stay with us throughout the day for latest breaking news. right now time for "your $$$$$." >> there are fresh signs of an economic recovery, but where are the jobs. welcome to "your $$$$$," i'm ali velshi christine romans is off this week. this week we got the job numbers for august. there is no green. in fact we lost 54,000 jobs in august. but the private sector, private businesses, companies actually added 67,000 jobs, that is the holy grail. we want companies growing. we don't need government growing. companies growing means that the emphasis on economic growth has fallen where it is supposed to. steven moore is a respected sparring partner and a good friend of this show. i described it as a glass one quarter full. i stick with that assessment given today's news. you sth. >> i agree with what you said. the good news is we got private sector job growth. and so i was encouraged by that and by the way this report was better than economists were forecasting. most of the job losses were the layoff of census workers. nose we those were part-time workers, we n
of us are holding our breath on right now. >> p.j. o'rourke, you specialize in satire, some is advice. what are you calling yourself a conservative or libertarian. >> i still call myself a republican. i'm a republican because republicans have fewer ideas. >> as a republican, what does this administration have to do? what is in their arsenal? what can president obama do, what can democrats do right now to address what all four of us agree is the primary reason why we don't all feel we're in a recovery and that is that we don't have enough private sector job creation in this economy. >> they should probably quit having ideas, too. this would be the perfect moment to knock it off with the wonderful ideas. one of the worst ideas they have had, among many, was the stimulus. not the bailout so much but the stimulus. my ex-congressman, who hopes to be my congressman again, charlie bass from the second district in new hampshire said to me, said, p.j. you realize the stimulus is costing us $10 billion -- within $10 billion of what it would cost to have a one-year personal and corporate tax hol
pout a way to extend the tax cuts but use it as a stimulus measure. have it for a short enough period, two to three to four years so we actually can get money back pumping into the economy but not have it where it's a noose around our next for 10, 15, 20 years. we know this will cost $2.2 trillion if we keep it. we can't afford it with deficits running over $2 trillion a year. >> jim, i want to get back to that. sounds like you're talking about threading the needle. mark preston, cnn senior political editor. 31 congressional democrats as cannedy mentioned have broken from president obama and joined republicans urging extension of the bush tax cuts for everyone including the wealthiest americans. so is this a sign that the president's sagging poll numbers on the economy have made him a liability for all the people heading into the midterms. or as jim suggests, is this about the economic reaction. >> he's a liability 31 democrats and perhaps more. look, president obama is still very well liked by americans when you ask them in opinion polls but in certain parts of the country he doesn't
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Search Results 0 to 10 of about 11